Posts in category "Condos"

Chicago's Most Expensive Home Sales Of 2015: Condos and Co-ops

Chicago's Most Expensive Home Sales Of 2015: Condos and Co-ops
Last week I posted on Chicago’s most expensive single family home sales in 2015. However, the most expensive home in that post, which sold for $13.3 MM and change, was not the most expensive home sale last year. That honor actually went to a condo allegedly purchased by George Lucas back in April for $18.75... Read more »

Expensive Chicago Condos: Check Out This Amazing Penthouse At 415 E North Water St.

Expensive Chicago Condos: Check Out This Amazing Penthouse At 415 E North Water St.
Yesterday one of the most expensive Chicago condos in recent history hit the market in Streeterville. It’s a 9300 square foot duplex penthouse unit at 415 E North Water St. on the 32nd and 33rd floors listed at $12.95 MM. Check out the slideshow at the bottom to see just how cool this penthouse is.... Read more »

Downtown Chicago Condo Prices: Pinnacle Sales History Shows The Rebound

Downtown Chicago Condo Prices: Pinnacle Sales History Shows The Rebound
Back in September Crain’s ran a story about how downtown Chicago condo prices had returned to peak levels. Their conclusion was based upon data from a pretty reliable source: Appraisal Research Counselors, who looked at more than 65 different condo buildings in downtown Chicago. ARC pointed out that within 65 buildings prices per square foot... Read more »
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How To Make Money Flipping Condos

How To Make Money Flipping Condos
The following guest post was written by Bryn Huntpalmer who writes for Modernize.com, which is a Web site for gathering design ideas and seeing how other homeowners have transformed their homes. By definition, flipping a property means buying at a discounted price, then selling the property at or above market value for a profit. It... Read more »

Beware Public Act 94-1049 When Buying A Foreclosed Condo In Illinois

Beware Public Act 94-1049 When Buying A Foreclosed Condo In Illinois
If you look at an MLS listing for a foreclosed condo (and by this I mean bank owned) in Illinois it will often say “Public act 94-1049 may apply”. Usually this statement is in the description that the public can see but sometimes it’s in the agent remarks, which may only be visible to real... Read more »

Chicago's Hottest Condo Neighborhoods

Chicago's Hottest Condo Neighborhoods
I finally got around to this long overdue post about Chicago’s hottest neighborhoods and then quickly realized what was obvious: the neighborhoods that look the hottest depend upon whether or not you are looking at condos or single family homes. So I decided to start by looking at Chicago’s condo market, which is actually easier... Read more »
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How "They" Measure The Square Footage Of Your Home

How "They" Measure The Square Footage Of Your Home
You would think that measuring the square footage of your home would be pretty straight forward – get out the tape measure, break the home up into rectangles, and add up the area of the rectangles. Seems logical right? But coming up with a square footage number is kind of like the old joke about... Read more »

Chicago's Most Expensive Condo Ever Sells For $15,000,000

Chicago's Most Expensive Condo Ever Sells For $15,000,000
Well, we all would like to know who it is that bought this 66th floor penthouse unit in the Park Tower at 800 N Michigan Ave because they now hold the record for buying the most expensive condo ever sold in the city of Chicago. If you have $15 MM burning a hole in your... Read more »

Chicago Condos Not Sitting On Market As Long As We Thought

Chicago Condos Not Sitting On Market As Long As We Thought
When we did our bi-monthly update of market time data a couple of weeks ago for 2 – 3 bedroom condos in the city of Chicago I noticed a huge drop off in June, which I knew couldn’t be real. Eventually I figured out that this was due to a single event that occurred in... Read more »
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University Village Mid-Rise Lofts: 2011 Was A Tough Real Estate Market

At the southern end of University Village, just north of the railroad tracks, are 4 mid-rise loft/ condo buildings. At the eastern end are the newer construction loft buildings at 811 and 833 W 15th St. Just west of them are the converted loft buildings at 1524 and 1525 S Sangamon. Each of these 4... Read more »
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